Soros Makes a Bet on the Net

George Soros has had a love-hate relationship with technology for the past decade.

At first it was hate, when dot-com shares were accelerating unlike anything seen before. The savvy investors such as Buffett, Soros and Robertson initially avoided buying any of these shares, and they weren't incorrect in doing so.

I remember in 1999 everyone was saying that Buffett had lost his touch because he wasn't hip to the new thing. But the reality is that sticking to a discipline in both good times and bad is at the heart of successful investing. Buffett survived that period, had stellar years afterwards, and reclaimed his throne as the world's top investor. ...